Taipei, Oct. 29 (CNA) Hon Hai Precision Industry Co. Chairman Terry Gou signed a letter of intent with Taichung Mayor Jason Hu Saturday, confirming the company's determination to build an intelligent robotics and automation equipment manufacturing hub in the Central Taiwan Science Park.
President Ma Ying-jeou attended the signing ceremony to show his appreciation for Hon Hai's commitment to expand investment in Taiwan.
In addition to signing the pact, Gou also presided over a ground-breaking ceremony for an intelligent robotics technology research facility and the inauguration of a factory of Foxnum Technology Co., a Hon Hai subsidiary dedicated to development and production of automation equipment, at the central Taiwan high-tech park.
Gou said Hon Hai will build an "intelligent robotics kingdom" in the park in the coming few years. The project is expected to generate an estimated NT$120 billion (US$4 billion) in production value in the next three to five years and create about 2,000 jobs, he added.
(By Hau Hsueh-ching and Sofia Wu)